Above Rs 24, Sona Koyo could add Rs 7-8 more: Gujral

Published on Wed, Jul 21, 2010 at 13:58 |  Source : CNBC-TV18

Updated at Wed, Jul 21, 2010 at 14:24  

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Ashwani Gujral, Technical Analyst

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Sona Koyo Steering Systems is starting to breakout and the previous intermediate high was around Rs 24. Once it can take Rs 24 out, then it could add another Rs 7-8, says Technical Analyst, Ashwani Gujral .

Gujral told CNBC-TV18, "Sona Koyo Steering Systems is starting to breakout and the previous intermediate high was around Rs 24. Once it can take Rs 24 out, then we could have another Rs 7-8 on the table. Generally all this auto ancillaries move together. So this is a good time to be in an auto ancillary stock."

  

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